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Trump-backed World Liberty Financial conducts nearly $10M WLFI token buyback in six hours

Crypto Briefing
World Liberty Financial, backed by the Trump family, executed a nearly $10 million buyback of 59 million WLFI tokens in six hours.

Summary

World Liberty Financial, a crypto project supported by the Trump family, recently conducted a significant buyback of its native token, WLFI. Data from Arkham Intelligence shows the entity spent approximately $10 million to repurchase 59 million WLFI tokens within a six-hour period, seemingly through swap purchases on CoW Swap. This accumulation activity coincided with a 10% rally in the WLFI token's price over the same timeframe. Founded in 2024, World Liberty Financial focuses on developing compliant, US-aligned on-chain financial services, supported by the WLFI token and a USD1 stablecoin.

(Source:Crypto Briefing)